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Regional Banks Lean On ‘Hot’ Deposits

Published on: Monday 31 July 2023

Regional banks reported stabilization or even growth in second-quarter deposits this month. For many, that was at least partly thanks to deposits they got through a third-party broker. Brokered deposits are viewed as a type of “hot” money that is more expensive for banks and more vulnerable to flig

News source: https://www.wsj.com/livecoverage/stock-market-today-dow-jones-07-31-2023/card/regional-banks-lean-on-hot-deposits-1BUf00JGf1gVN1VvX4to

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My Financial News from Suriname, Bank deposits

Regional Banks Lean On ‘Hot’ Deposits